Question 20 (Mandatory) (0.5 points) Which statement is true? O Extremely high levels of liquidity guard against liquidity crises, but at the cost of lower returns on assets. Liquid assets generate profits for the firm. The lower the liquidity ratios, the less liquidity risk a firm has. The less liquid assets a firm holds, the less likely it is that the firm will experience financial distress. Question 21 (Mandatory) (0.5 points) Which of these statements is true? O A high inventory turnover ratio or a low days' sales in inventory is a sign of good inventory management. O A low inventory turnover ratio or a low days' sales in inventory is a sign of good inventory management. A low inventory turnover ratio or a high days' sales in inventory is a sign of good inventory management A high inventory turnover ratio or a high days' sales in inventory is a sign of good inventory management. Question 22 (Mandatory) (0.5 points) Which of these statements is true? In general, the higher the total asset turnover and the lower the capital intensity ratio, the more efficient the overall asset management of the firm will be. In general, the lower the total asset turnover and the lower the capital intensity ratio, the more efficient the overall asset management of the firm will be. In general, the lower the total asset turnover and the higher the capital intensity ratio, the more efficient the overall asset management of the firm will be. In general, the higher the total asset turnover and the higher the capital intensity ratio, the more efficient the overall asset management of the firm will be